Korea Joongang Daily
Korea JoongAng Daily

ADM halting domestic trading in China, cutting jobs in Shanghai

Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said on Monday.

2025-04-15

LG Chem to build biodegradable plastics factory with Archer Daniels Midland in U.S.

LG Chem will establish a joint venture with Chicago-based Archer Daniels Midland to build a biodegradable plastics factory in the United States, the Korean chemical company said Tuesday.

2022-08-16

LG Chem and Archer Daniels Midland to build PLA factory

LG Chem and Chicago-based Archer Daniels Midland have reached an agreement in principle to jointly build a poly lactic acid (PLA) factory in a move to produce biodegradable plastics that are made from fermented corn starch.

2021-09-14